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  • Published On : Sep 2020
  • Code : CMI117
  • Industry : Medical Devices
  • Pages : 171
  • Formats :

Devices used in dermatology are those that can be utilized during surgery, for treating skin conditions, or for diagnosing them. Dermatologists and surgeons can diagnose and treat skin conditions with the aid of dermatology devices. Various medical care facilities, including hospitals, dermatology clinics, doctor's offices, and university research institutions, use these devices. Global dermatology devices market is estimated to be valued at US$ 5,299.7 million in 2022 and is expected to exhibit a CAGR of 7.7 % during the forecast period (2022-2030).

Figure 1. Global Dermatology Devices Market Share (%), by Device type, 2022

Dermatology Devices  | Coherent Market Insights

Increasing prevalence of skin diseases is expected to drive growth of the dermatology devices market.

Increasing prevalence of skin diseases is expected to drive growth of the dermatology devices market. For instance, according to the World Health Organization report 2018, skin diseases were among the most common of all human health afflictions and affected almost 900 million people in the world.

Figure 2. Global Dermatology Devices Market Share (%), by Region, 2022

Dermatology Devices  | Coherent Market Insights

Increasing product launches by key players operating in the market are expected to drive the market growth during the forecast period.

Increasing product launches by key players operating in the market are expected to drive the market growth during the forecast period. For instance, in January 2019, Alma Lasers, which is provides medical aesthetic lasers & radiofrequency devices for surgical, medical and beauty providers, launched Soprano Titanium laser hair removal system.

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Dermatology Devices Market Report Coverage

Report Coverage Details
Base Year: 2021 Market Size in 2022: US$ 5,299.7 Mn
Historical Data for: 2017 to 2020 Forecast Period: 2022 to 2030
Forecast Period 2022 to 2030 CAGR: 7.7% 2030 Value Projection: US$ 9,602.2 Mn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacifi
  • Middle East: GCC Countries, Israel, and Rest of Middle East
  • Africa: South Africa, North Africa, and Central Africa
Segments covered:
  • By Product Type: Laser IPL (Fractional, Diode, InfraRed 1319 nm, Alexandrite laser, Nd:YAG 1064 nm, Pulsed, Potassium Titanyl Phosphate (KTP)), RF Devices, Microdermabrasion devices, Other
  • By Device type: Diagnostic Devices, Treatment Devices
  • By Application: Vascular Lesions, Scar Removal, Tattoo removal, Hair removal, Wrinkle Removal, Acne Treatment, Others
  • By End User: Hospitals, Specialty Dermatology Clinics
Companies covered:

Valeant Pharmaceuticals International Inc., Lumenis, Ltd., Hologic, Inc., Syneron Candela Ltd., Avita Medical Ltd., Alma Lasers, Ltd., Lutronics Corporation, Beijing Toplaser Technology Co. Ltd., Shanghai Fosun Pharmaceutical Group Co. Ltd., and Cutera, Inc.

Growth Drivers:
  • Increasing prevalence of skin diseases
  • Increasing product launches by the key players operating in the market
Restraints & Challenges:
  • High cost of dermatology devicesssss products

Global Dermatology Devices Market– Impact of Coronavirus (COVID-19) Pandemic

Since the COVID-19 virus outbreak in December 2019, the disease has spread to over 100 countries across the globe and the World Health Organization had declared it a public health emergency on January 30, 2020.

COVID-19 has affected the economy in three main ways: by directly affecting production and demand of drugs and vaccines, by creating disruptions in distribution channels, and through its financial impact on firms and financial markets. Due to nationwide lockdowns, several countries, such as China, India, Saudi Arabia, UAE, Egypt, and others, faced problems with regard to the transportation of drugs and vaccines from one place to another.

The COVID-19 pandemic has had a negative impact on the expansion of the dermatology devices market. Due to the increase in COVID-19 cases, international supply chains for dermatology equipment were affected by global government measures like shutdown and strict rules. Dermatologists and surgeons use dermatological equipment to identify and treat skin conditions. In order to avoid disease transmission among patients, the dermatology division's closure and the cancellation of dermatological treatments during the pandemic had an influence on market for dermatology devices.

Global Dermatology Devices Market: Key Developments

In July 2019, Hologic’s Cynosure, which is a medical technology company, launched TempSure firm hand-piece on the TempSure platform and SculpSure, a non-surgical body contouring (lipolysis) treatment designed to permanently eliminate fat cells in problem areas.

In June 2019, Lumenis, Ltd., which provides minimally-invasive clinical solutions for the ophthalmology and aesthetic markets, entered into a distribution agreement with DELEO, which is a France-based company that designs and manufactures Medical Cryolipolysis and High Power Light-emitting diode (LED) devices for the aesthetic medicine sector, for distribution of its products in France.

Global Dermatology Devices Market: Restraint

High cost of dermatology treatment  is expected to hinder growth of the global dermatology devices market. For instance, according to the American Society of Plastic Surgeons (ASPS), the average cost of ablative laser skin resurfacing ranges from US$ 2,000 to US$ 25,000.

Key Players    

Valeant Pharmaceuticals International Inc., Lumenis, Ltd., Hologic, Inc., Syneron Candela Ltd., Avita Medical Ltd., Alma Lasers, Ltd., Lutronics Corporation, Beijing Toplaser Technology Co. Ltd., Shanghai Fosun Pharmaceutical Group Co. Ltd., and Cutera, Inc.

The area of medicine that deals with the skin is called dermatology. It is a specialty having elements of both medicine and surgery. A dermatologist is a type of medical professional who treats conditions of the skin, hair, nails, and some cosmetic issues. Dermatology devices comprise lasers, intense pulse light (IPL) devices, and accessories. These devices are installed at hospitals and dermatology clinics to assist physicians and clinicians to treat skin diseases and is also used to diagnose skin cancer.

Dermatology devices are the medical tools that dermatologists and surgeons use to identify, treat, and manage a variety of dermatological issues like skin lesion, hair removal and etc. Dermatologists and surgeons can diagnose and treat skin conditions with the help of dermatology gadgets. These devices are used by medical care providers like hospitals, dermatology clinics, doctor's offices, and university research organizations. The devices can be used for skin biopsy, cryosurgery, topical chemotherapy, photodynamic treatment, micrographic surgery, electrodesiccation and curettage, and more. Psoriasis, eczema, acne, rosacea, ichthyosis, vitiligo, hives, seborrheic dermatitis, and other conditions are among the most prevalent skin conditions.

Market Dynamics

Increasing approval for new products by the Food and Drug Administration (FDA) population is expected to drive market growth over the forecast period. For instance, in December 2021, Casio Computer Co., which is a Japanese multinational electronics manufacturing corporation Ltd. received U.S. Food and Drug Administration (FDA) approval for its DZ-D100 DERMOCAMERA and the DZ-S50 to be used by dermatologists to get high-quality photos of patients’ skin for closer observation.

Key features of the study:

  • This report provides in-depth analysis of the global dermatology devices market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global dermatology devices market  based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Valeant Pharmaceuticals International Inc., Lumenis, Ltd., Hologic, Inc., Syneron Candela Ltd., Avita Medical Ltd., Alma Lasers, Ltd., Lutronics Corporation, Beijing Toplaser Technology Co. Ltd., Shanghai Fosun Pharmaceutical Group Co. Ltd., and Cutera, Inc.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global dermatology devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global dermatology devices market

Detailed Segmentation:

  • Global Dermatology Devices Market, By Product Type:
    • Laser IPL
      • Fractional
      • Diode
      • InfraRed 1319 nm
      • Alexandrite laser
      • Nd:YAG 1064 nm
      • Pulsed
      • Potassium Titanyl Phosphate (KTP)
    • RF Devices
    • Microdermabrasion devices
    • Others
  • Global Dermatology Devices Market, By Device type:
    • Diagnostic Devices
    • Treatment Devices
  • Global Dermatology Devices Market, By Application:
    • Vascular Lesions,
    • Scar Removal
    • Tattoo removal
    • Hair removal
    • Wrinkle Removal
    • Acne Treatment
    • Others
  • Global Dermatology Devices Market, By End User:
    • Hospitals
    • Specialty Dermatology Clinics
  • Global Dermatology Devices Market, By Region:
    • North America
      • By Country
        • U.S.
        • Canada
    • Latin America
      • By Country
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Europe
      • By Country
        • Germany
        • U.K.
        • France
        • Italy
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Country
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Middle East
      • By Country
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • By Region/Country
        • South Africa
        • Central Africa
        • North Africa
  • Company Profiles
    • Valeant Pharmaceuticals International Inc.
      • Company Highlights
      • Products Portfolio
      • Key Highlights
      • Financial Performance
      • Strategies
    • Lumenis, Ltd., Hologic, Inc.,
    • Syneron Candela Ltd.,
    • Avita Medical Ltd.,
    • Alma Lasers, Ltd.,
    • Lutronics Corporation,
    • Beijing Toplaser Technology Co. Ltd.
    • Shanghai Fosun Pharmaceutical Group Co. Ltd.
    • Cutera, Inc.

 “*” marked represents similar segmentation in other categories in the respective section.

Frequently Asked Questions

Global dermatology devices market size is estimated to be valued at US$ 5,299.7 million in 2022 and is expected to exhibit a CAGR of 7.7% between 2022 and 2030.
Factors such as increasing prevalence of skin diseases and increasing product launches by the key players operating in the market are expected to drive the market growth.
Treatment devices is the leading device type segment in the market.
The major factors hampering growth of the market include high cost of dermatology device products.
Major players operating in the market include Valeant Pharmaceuticals International Inc., Lumenis, Ltd., Hologic, Inc., Syneron Candela Ltd., Avita Medical Ltd., Alma Lasers, Ltd., Lutronics Corporation, Beijing Toplaser Technology Co. Ltd., Shanghai Fosun Pharmaceutical Group Co. Ltd., and Cutera, Inc.

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